The survey performed located that folks who have seasoned job cuts have resorted to obtaining option strategies to produce earnings. 1 successful resolution they have located is to repurpose their individual cars. This transition has permitted them to address various difficulties at after.
By transforming their vehicles into mobile enterprises, Nigerians are capable to offset fuel costs and protect against their cars from rusting whilst they stay idle.
Also, the higher price of renting physical shops has created it difficult for aspiring entrepreneurs. As a outcome, turning individual vehicles into mobile retailers eliminates the want for a physical space, saving on rental expenses and providing a much more versatile organization strategy.
The study also found that former corporate workers are now making use of their vehicles to sell a assortment of goods like footwear, clothing, and kitchen utensils from the comfort of their cars.
Similarly, other people have ventured into the ride-hailing business, making use of their private cars to give transportation solutions.
The analysis concluded that this trend is not only restricted to folks who have lost their jobs, but also to these who previously operated standard retailers and have transitioned to mobile enterprises due to skyrocketing rental expenses.